$WBTC is currently in a bearish market structure, trading at 103527.24 USDT.
With support at 103048.8 USDT, a drop below could signal further declines.
Resistance at 105929.94 USDT offers a potential target for a pullback entry strategy.
The RSI at 35.64 indicates oversold conditions, highlighting possible reversal points.
Be cautious of Bitcoin's volatility and macroeconomic factors that could impact liquidity.
